India, Nov. 1 -- IPO-bound logistics company Shadowfax's consolidated net profit surged nearly 114% to INR 21 Cr in the first six months of the ongoing financial year (H1 FY26) from INR 9.8 Cr in the same period last year, on the back of a strong revenue growth.

As per Shadowfax's updated DRHP, operating revenue zoomed 68.4% to INR 1,805.4 Cr in H1 FY26 from INR 1,072 Cr in the first six months of FY25.

Founded in 2015 by Abhishek Bansal and Vaibhav Khandelwal, Shadowfax provides last-mile delivery services for ecommerce platforms and D2C brands. The company offers additional services such as reverse logistics, parcel exchanges, and quick delivery options. It counts the likes of Mamaearth, Nykaa, Flipkart, and Meesho among its clients....